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# BSC Project Spotlights: Unisave


## Please describe your project to those who might not be familiar with Unisave.

Unisave is a Uniswap compatible decentralized exchange protocol which introduced a few experimental features. There are:

- Auto Mining 🔨
- No Protocol Fee 🎫
- Self-adjusting Market Maker Algorithm 📈

### Auto Mining 🔨
The biggest pain point of Uniswap is the extremely low asset utilization. These days people can invest their underlying asset into many DeFi aggregator system such as YFI, DFI and Harvest to get a considerable passive income, becoming more and more competitive against trading fees in Uniswap, not to mention there is no impermanent loss.

To address this problem, we introduce a mining system in Unisave. Each Unisave-pair can been seen as an aggregator and invest into a strategy which have no funds management fees sucn as Fortube, DFI, etcs. (or YFI if [YIP-51](https://gov.yearn.finance/t/yip-51-set-vault-v2-fee-structure/7752) gets passed.)

> Part of the underlying assets of a Unisave-Pair is connected into other DeFi aggregator.

### No protocol fee 🎫

Unisave designed as a public good, since the community can be driven by mining revenues, there is no need to add a protocol fees any more. Allowing us to be the 1st DEX with no protocol fees.


### Self-adjusting Market Maker Algorithm 📈

To improve the trading experience and reduce transaction slippage, we introduce a new technique called dummy liquidity —— the liquidity which doesn’t backup by real assets, but will be used in every swap function.


Dummy liquidity can be set by multi-signature time lock contracts mannually, by doing so LP token will be leveraged and bounded into a limited trading window.

Dummy liquidity can also be dynamic adjust by a well-designed observer contract, by doing so, Unisave will turn the undelying AMM algorithm from Constant Product Market Maker Algorithm into Self-adjusting Market Maker Algorithm. Unisave could be seen as a Morphlin, simulating the bouding curve into other kinds of AMMs such as Balancer, Curve, DODO and Bancor V2, etcs.

By the way, Unisave has a great advantage when trading between stable tokens. You can compare our slippage with other exchanges by yourself ;).




## How was the migration process? Can you name some of the highlights or positive experiences and on the other hand some of the challenges?

Unisave: We havn't start the migration process so far since Unisave was first been launched on BSC. We do need some help from BSC community in future since we most of the Y3D token holders are on ETH right now.

## What kind of perks or benefits within the Binance ecosystem directly affect the performance and success of ForTube?

Unisave: Unisave could only be built on public chain which has quality assets and DeFi aggregators. We don't have many choices besides ETH and BSC so far.

## What do you see as the main advantage of BSC compared to other blockchains?

As I mentioned in [a recent interview with X-order](https://mp.weixin.qq.com/s/HE5uLk940BQ3moGSMVIUJA). BSC is the most balanced public blockchain solution available for indie DeFi developer so far. BSC is more efficient and cheaper than Ethereum. More developer friendly than EOS and Tron. And And there are more quality assets than Near and Polkadot.

## What do you hope to see next from the BSC community?

Unisave: We need to recruit more experienced developers in DeFi field. We hope that BSC community can build more documents, develop tips, best-practice, or security tutorial for onboarding developers.

## Where do you see DeFi and BSC in five years?

Unisave: We believe BSC will be an top3 player in five years later, assets and users will be flowing into BSC ecosystem. BSC will be more attractive to general users, especially for those who are new to DeFi field.